Shareholder Meetings
14 June 2006 Results of Annual General Meeting
14 June 2006
Results of Annual General Meeting
Aegis Group plc ("Aegis" or the "Company") announces that at its annual general meeting today, shareholders voting in person or by proxy approved the resolutions numbered 1 to 11 and did not approve resolutions numbered 12 to 15. Details of the specific voting on each resolution are given at the end of this announcement.
- Resolutions 1 to 11 related to usual business items such as approving the accounts and dividend for 2005, re-electing certain existing directors and re-appointing auditors. All of these resolutions were passed, in accordance with the Board's recommendation;
- Resolutions 12 and 13 related to the power to allot shares for cash and to make on market repurchases of shares. These resolutions required a 75% majority vote to be passed. Despite renewing these powers annually for several years previously, the Company has not exercised the authorities given by these resolutions in recent years and had no plans to do so. As the Board has stated previously, the fact that these resolutions were not passed will not affect the day to day operation of the Company's business; and
- Resolutions 14 and 15 related to the nominations by Groupe Bolloré of two individuals proposed to become directors of the Company. In accordance with the Board's recommendation, these resolutions were not passed.